Post by
Justhalffull on Sep 14, 2021 2:06pm
Container logistic problems
The container congention problems in Asia and other parts of the world hit CN hard in week 36. Container loadings were down over 1500 container loads a day, from 55000 in 2020 to 43600 last week. While certainly beyond CN's control, it will not help with CN and Ruest's dealings with TCI, who are unhappy for other reasons.
Comment by
autofocus111 on Sep 14, 2021 5:26pm
YTD Canada intermodal is up 9.5% and total traffic up 6.3%. If TCI is not plrased with that then they can just exit their Canadian rail positions and buy shares in the US counterparts. https://www.aar.org/wp-content/uploads/2021/09/2021-09-08-railtraffic.pdf